Guangdong Provincial Expressway Development Co.,Ltd.’s Net Profit Rose 11.5% in First Three Quarters of 2023

Guangdong Provincial Expressway Development Co.,Ltd. (广东省高速公路发展股份有限公司) (000429.SZ) reported a net profit of 1.9 billion yuan in the first three quarters of 2023, up 11.5% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 12.2% year-on-year.

At the end of the reporting period, it had 21.2 billion yuan in total assets and 9.1 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.